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Trading ideas: Water stocks, Gamuda, Redtone, Econpile

KUALA LUMPUR: JF Apex Research expects Selangor water stocks and pipe makers to see trading interest on Monday following the final resolution of water restructuring between the Federal and the Selangor State Government.

Econpile gets RM23mil job

PETALING JAYA: Econpile Holdings Bhd has been awarded a RM23mil contract for earthworks, piling and substructure works for a mixed development project in Kuala Lumpur.

Econpile bags RM23m property contract

KUALA LUMPUR: Econpile Holdings Bhd has secured a RM23mil contract for the substructure of a residential and commercial property project in Section 63, Kuala Lumpur.

Champagne on ice

ON Thursday Tenaga Nasional Bhd (TNB) announced it signed a heads of agreement (HoA) with SIPP Energy Sdn Bhd, outlining the principal terms of the proposed joint venture between the two parties to build, own and operate a new 1,000 MW-1,400 MW combined cycle gas turbine (CCGT) power plant in Pasir Gudang, Johor.

IOI Corp, GentingM weigh on KLCI

KUALA LUMPUR: Fund selling of IOI Corp and Genting Malaysia pushed the FBM KLCI deeper into the red at midday on Tuesday amid a weaker broader market while key regional bourses were mixed.

Econpile secures RM60mil's worth of contracts

KUALA LUMPUR: Econpile Holdings Bhd, which made its debut on the Main Market of Bursa Malaysia, has clinched RM60mil's worth of contracts for piling and foundation services nationwide, boosting its order book to RM480mil.

KLCI closes up nearly 0.9% year-to-date

KUALA LUMPUR: The FBM KLCI ended the first half of 2014 on Monday just up 0.87% year-to-date (YTD) as it trailed behind the Asean counterparts, but managing to fare better than Japan and China markets.

KLCI stays in red at midday (Update)

KUALA LUMPUR: The FBM KLCI stayed in the red at midday on Monday, with losses in Public Bank continuing to weigh on the 30-stock index while the broader market was also weaker.

KLCI kicks off new week on weak note

KUALA LUMPUR: Malaysia's blue chips fell early Monday, dragged down by losses in Public Bank - which was the sixth straight day of decline - while Main Market debutant Econpile was off its early best.

Firm debut for Econpile on Main Market (Update)

KUALA LUMPUR: Econpile Holdings Bhd made a firm debut on the Main Market of Bursa Malaysia on Monday when it opened at 66 sen, which was 12 sen above price of 54 sen.